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RaynLim
Sep 30, 2020 5:16 AM

AUDCAD: Trendline Break Long

Australian Dollar/Canadian DollarFXCM

Description

AUDCAD just had a trendline break and it's rested above the 2 Moving averages, as a structure-based trader, it is a good trading setup to consider to a buying opportunity. The recent bearish candle acts as a pullback for both conservative traders or traders that had missed the buying opportunity.

Trade closed manually

Trade Exit 0.9548 and wait for re-engaged
Comments
InkyGrip
nice chart! thanks! 🦐
RaynLim
@plancton0618, You're welcome =D
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